-60.40 (-5.61%) State Bank of India (SBI) in collaboration with the World Bank has sanctioned loans worth Rs 2,317 crore to finance grid-connected solar rooftop projects in the country. The loans are intended for developers and end-users for installation of rooftop solar systems on the rooftops of commercial, institutional and industrial buildings.
The financing is being provided to those with sound technical capacity, relevant experience, and creditworthiness that meet SBI standards.
State Bank of India (SBI) offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.